Published on 09/05/2025 03:28 PM
KPR Mill Q4 Results: Revenue and profit fall 4% each while margins narrowMore clarity will be awaited from the management of KPR Mill as to how they view this FTA between India and the UK, and the potential benefits arising from the same.By Hormaz Fatakia May 9, 2025, 3:28:58 PM IST (Updated)2 Min ReadShares of KPR Mill Ltd. reported its March quarter results on Friday, May 9. The stock has surged as much as 9% post the results announcement.
Revenue for the quarter increased by 4% from last year to ₹1,769 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) remained flat on a year-on-year basis, registering a 0.7% decline to ₹333.1 crore.
EBITDA margin for the quarter narrowed by nearly 100 basis points to 18.83% from 19.77% during the year-ago quarter. Net profit for the period fell 4% to ₹204 crore from ₹213 crore last year.
The apparel products manufacturer has seen its stock surge 23% in the last three trading sessions, since India signed its Free Trade Agreement with the United Kingdom earlier this week.
As per the FTA, Indian textiles and apparel exports, which earlier faced up to 12% duties in the UK, will now have zero duties. This also puts the country's textile industry ahead of markets like Bangladesh, who do not have a similar FTA with the UK.
Gokaldas Exports, in an interaction with CNBC-TV18, saw this as a $1 billion opportunity in the UK market.
More clarity will be awaited from the management of KPR Mill as to how they view this FTA and the potential benefits arising from the same.
10 analysts have coverage on KPR Mill, with five analysts each having a "buy" and a "hold" rating each.
Shares of KPR Mill have cooled off marginally from the day's high, but is still trading 9% higher at ₹1,294 crore. The stock has surged close to 40% in the last one month.
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